From the adjusted trial balance,prepare an income statement for Martin Sky Taxi Services.
MARTIN SKY TAXI SERVICESAdjusted Trial BalanceFor the year ended December 31 Cash Accounts receivable Office supplies Airplanes Accumulated depreciation - Airplanes Accounts payable Common stock Retained earnings Dividends Fees earned Rent expense Office supplies expense Utilities expense Depreciation Expense - Airplanes Salary expense Fuel expense Totals $28,00014,2001,700100,00040,00013,0002,0002,50015,00050,00012,000$278,40045,00011,50025,00046,900150,000$278,400
Correct Answer:

Verified
Unlock this answer now
Get Access to more Verified Answers free of charge